Business News

A delegation including experts from Beijing Xinggao Chemical and Xinjiang Tianye visited Wuhan Donghai for an inspection tour.

Release date:

2019/01/15 16:38

At the start of the new year, on the 4th, Beijing Xinggao Chemical's General Manager Gao and Xinjiang Tianye Group's General Manager Guan, along with their delegation, conducted an on-site inspection and technical exchange at Wuhan Donghai Petrochemical Heavy Equipment Co., Ltd. The expert team first toured the manufacturing facility, where they examined a range of reactor products, including wound-tube heat exchangers, anti-short-circuit spiral baffle heat exchangers, oxidation reactors, and DMO reactors.

Anhui's 1.7-million-ton coal-to-olefins project officially breaks ground on its two major units.

Release date:

2017/06/14 16:46

Recently, the 1.7-million-ton-per-year coal-to-methanol and olefin conversion project—featuring methanol synthesis and sulfur recovery units—officially broke ground at Zhong'an United Coal & Chemical Co., Ltd., a joint venture between Wanbei Coal & Electricity and Sinopec. The groundbreaking ceremony was held directly at the methanol synthesis site. Attendees included representatives from the Project Management Department, the Zhong'an Project Team of Nanjing Engineering Company, and personnel from the construction contractors involved in the project.

Pakistan produces up to 3.5 million tons of coal annually.

Release date:

2017/06/07 16:49

According to a June 2 report by Pakistan's The Express Tribune, official data from Pakistan's Ministry of Petroleum and Natural Resources reveal that the country produces 3.5 million tons of coal annually. Yet, to meet the demands of its national steel, cement, and power industries, Pakistan still relies on importing approximately 4 to 5 million tons of coal each year. The primary sources of these imports include Afghanistan, Australia, Canada, Indonesia, South Africa, and the United States. Officials also noted that Pakistan has so far identified 19 coalfields across the nation. Meanwhile, geologists’ research indicates that the country holds vast coal reserves—estimated at around 186 billion tons—which could provide an abundant and cost-effective fuel source for the nation’s electricity generation.

Philippine-based San Miguel Corporation will invest 1 trillion pesos to build a new petrochemical plant.

Release date:

2016/06/16 16:44

According to a June 14 report by the Philippine newspaper Manila Times, San Miguel Corporation (SMC) may invest in building a new petrochemical plant worth 1 trillion pesos within the next six months. Speaking to reporters at the company’s annual shareholders’ meeting on June 13, SMC President and Chief Operating Officer Ramon Ang announced that SMC will construct a state-of-the-art refinery capable of producing 250,000 barrels of petroleum products daily for the Philippines. He highlighted that petrochemical product prices are stable, profit margins remain high, domestic consumption in the Philippines is robust, and there is significant potential for export growth.
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